Will Antony's warning ring true?

AK Antony, who was the defence minister in the UPA government says, "49% FDI in defence is a threat to national security, it is dangerous."As part of military modernisation drive, the government today allocated Rs 2.29 lakh crore for the Defence Ministry in the Budget, marking an increase of around 12.5 per cent from the last fiscal as it raised the FDI limit in the defence sector up to 49 per cent from 26 per cent now. The Ministry was allocated Rs 2,03,672 crore in 2013-14 and was provided Rs ...